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<br />r- <br /> <br />Contract Renewal for Miscellaneous <br />Automotive Parts (Spec. No. 03-026) <br />April 4, 2005 <br />Page 2 <br /> <br />On April 7, 2003, the City Council awarded contracts for a two-year <br />period, with provision for three one-year renewals. The vendors have <br />agreed to the first renewal option to the contracts. However, Adamson <br />Industries has requested a five percent increase in pricing as a result <br />of increased material costs. As the vendors have performed <br />satisfactorily during the past contract period, staff recommends the <br />first renewal of the contract. <br /> <br />FISCAL IMPACT <br /> <br />Funds are budgeted and available in the Equipment Maintenance Operating <br />Materials and Supplies account (account no. 75-111-6391) <br /> <br />d~~, <br /> <br />Francisco Gutie ez <br />Executive Director <br />Finance and Management <br /> <br />Services Agency <br /> <br />FG/BP/03-026-R.2:li <br /> <br />22G-2 <br />